German mogul frees up cash with rare Knorr-Bremse sale
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German mogul frees up cash with rare Knorr-Bremse sale

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German billionaire Heinz-Herman Thiele, one of the country’s richest men, sold a €728m stake in German break manufacturer Knorr-Bremse to fund other investments. Since Covid-19 he has built up a substantial position in German airline Lufthansa and is now the company's largest shareholder.

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